Representative Josh Gottheimer (D-New Jersey) recently bought shares of Mastercard Incorporated (NYSE:MA). In a filing disclosed on February 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in Mastercard stock on January 30th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.
Representative Josh Gottheimer also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 1/31/2025.
- Sold $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 1/31/2025.
- Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 1/31/2025.
- Purchased $1,001 – $15,000 in shares of Tesla (NASDAQ:TSLA) on 1/31/2025.
- Purchased $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 1/31/2025.
- Purchased $1,001 – $15,000 in shares of Twilio (NYSE:TWLO) on 1/31/2025.
- Sold $1,001 – $15,000 in shares of ICF International (NASDAQ:ICFI) on 1/31/2025.
- Purchased $1,001 – $15,000 in shares of Mastercard (NYSE:MA) on 1/31/2025.
- Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 1/30/2025.
- Purchased $1,001 – $15,000 in shares of 3M (NYSE:MMM) on 1/30/2025.
Mastercard Stock Performance
Shares of MA stock opened at $564.79 on Wednesday. The company has a current ratio of 1.03, a quick ratio of 1.29 and a debt-to-equity ratio of 2.68. The company’s fifty day moving average price is $532.30 and its 200-day moving average price is $507.00. The stock has a market cap of $518.38 billion, a PE ratio of 40.66, a price-to-earnings-growth ratio of 2.37 and a beta of 1.10. Mastercard Incorporated has a 12 month low of $428.86 and a 12 month high of $576.94.
Mastercard declared that its Board of Directors has approved a stock repurchase plan on Tuesday, December 17th that permits the company to buyback $12.00 billion in shares. This buyback authorization permits the credit services provider to reacquire up to 2.5% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s management believes its stock is undervalued.
Mastercard Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, May 9th. Investors of record on Wednesday, April 9th will be paid a $0.76 dividend. The ex-dividend date is Wednesday, April 9th. This represents a $3.04 annualized dividend and a yield of 0.54%. Mastercard’s payout ratio is 21.89%.
Analyst Upgrades and Downgrades
A number of research analysts have issued reports on MA shares. BMO Capital Markets lifted their price objective on Mastercard from $550.00 to $565.00 and gave the company an “outperform” rating in a research note on Thursday, November 14th. Wells Fargo & Company lifted their price target on Mastercard from $585.00 to $625.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 4th. JPMorgan Chase & Co. increased their price objective on shares of Mastercard from $590.00 to $610.00 and gave the company an “overweight” rating in a research report on Friday, January 31st. TD Cowen lifted their target price on shares of Mastercard from $533.00 to $567.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Finally, Deutsche Bank Aktiengesellschaft increased their price target on shares of Mastercard from $510.00 to $580.00 and gave the company a “buy” rating in a report on Friday, November 1st. Four analysts have rated the stock with a hold rating, twenty-four have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $603.08.
Institutional Trading of Mastercard
Several institutional investors and hedge funds have recently modified their holdings of the company. Addison Advisors LLC raised its stake in shares of Mastercard by 3.8% during the 4th quarter. Addison Advisors LLC now owns 493 shares of the credit services provider’s stock worth $260,000 after buying an additional 18 shares in the last quarter. Capital Investment Advisory Services LLC raised its position in Mastercard by 0.6% in the fourth quarter. Capital Investment Advisory Services LLC now owns 3,135 shares of the credit services provider’s stock worth $1,651,000 after acquiring an additional 19 shares in the last quarter. Capital Investment Services of America Inc. raised its position in Mastercard by 4.2% in the fourth quarter. Capital Investment Services of America Inc. now owns 475 shares of the credit services provider’s stock worth $250,000 after acquiring an additional 19 shares in the last quarter. Augustine Asset Management Inc. lifted its holdings in Mastercard by 1.1% in the fourth quarter. Augustine Asset Management Inc. now owns 1,797 shares of the credit services provider’s stock valued at $946,000 after acquiring an additional 19 shares during the period. Finally, Richard W. Paul & Associates LLC grew its stake in shares of Mastercard by 0.9% during the 4th quarter. Richard W. Paul & Associates LLC now owns 2,245 shares of the credit services provider’s stock worth $1,182,000 after purchasing an additional 19 shares during the period. 97.28% of the stock is currently owned by institutional investors.
About Representative Gottheimer
Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.
Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.
Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.
Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.
Mastercard Company Profile
Mastercard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. The company offers integrated products and value-added services for account holders, merchants, financial institutions, digital partners, businesses, governments, and other organizations, such as programs that enable issuers to provide consumers with credits to defer payments; payment products and solutions that allow its customers to access funds in deposit and other accounts; prepaid programs services; and commercial credit, debit, and prepaid payment products and solutions.
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